http://www.secretfinance.com/blog/what-should-i-know-in-the-banking-industry/ Mon, 21 May 2012 15:49:43 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.secretfinance.com/blog/what-should-i-know-in-the-banking-industry/comment-page-1/#comment-2205 sasil85 Mon, 28 Sep 2009 10:25:30 +0000 http://www.secretfinance.com/blog/what-should-i-know-in-the-banking-industry/#comment-2205 Business Day - Most banks end business day 2-4pm. Memo/Presentments - What is coming through on current business day. Posted - Items that are out of presentments/memo and hard posted to the account. Basically it won't drop off. Drop Off - Things that are in memo/presentments and will drop off before it hard posts. Gas station card checks/double posted transactions, etc.<a href="http://www.greattoolsusa.com/routers-4346"> sasil85</a> Business Day - Most banks end business day 2-4pm.
Memo/Presentments - What is coming through on current business day.
Posted - Items that are out of presentments/memo and hard posted to the account. Basically it won’t drop off.
Drop Off - Things that are in memo/presentments and will drop off before it hard posts. Gas station card checks/double posted transactions, etc. sasil85

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